Fidelity MSCI Information Technology Index ETF
$301.79−0.13 (−0.04%)
- 0.08%
- $22.1B
- +38.3%
- 0.37%
- 0.3M sh
- $301.93
- low $198.17high $311.83
The ETF.net FTEC Grade
A
Score 79 out of 100
- 2 of 25
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A98 out of 100Rank 1 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 9 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 2 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 17 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 8 of 25
Our read on FTEC
AFidelity's tech sleeve runs 0.08% a year and holds about 300 names, tracking an MSCI index that reaches from mega-cap chipmakers down into small-cap software. Cheap beta on the whole US tech stack, not just the giants.
Seeks to track, before fees and expenses, the performance of the MSCI USA IMI Information Technology Index.
Why people hold it
- At 0.08%, it ties the cheapest fund in its broad-tech group and undercuts VGT's 0.09%, against a cohort median of 0.40%. On a sector sleeve, that gap compounds quietly.
- The MSCI USA IMI benchmark covers large, mid and small cap US tech, so the roughly 300 holdings stretch past the mega-cap tier alone.msci.com
- Trading since 2013 and now a multi-billion-dollar fund, it sits in the top quartile of its broad technology peer group.
Worth knowing
- Membership follows GICS Information Technology, so several household-name tech businesses classified into other sectors never show up here.msci.com
- One sector, one story: tech moves harder than the broad market in both directions, and roughly 300 names does not soften that.
- Distributions arrive quarterly, and a growth-heavy sector index is not built around payouts.
FTEC Holdings
- Stocks
- 293
- 63%
- NVDA
Sectors
- Technology99.4%
- Financials0.3%
- Industrials0.3%
- Consumer Discretionary0.1%
Geography
- United States98.69%
- Ireland0.77%
- Cayman Islands0.27%
- Netherlands0.24%
- Israel0.03%
FTEC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FTEC$13,830
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTEC |
|---|---|
| Year to date | +34.8% |
| 1 month | +4.6% |
| 3 months | +7.2% |
| 1 year | +38.3% |
| 3 years | +34.0% |
| 5 years | +21.1% |
| 10 years | +24.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTEC |
|---|---|---|
| 2026 YTD | +34.8% | |
| 2025 | +22.1% | |
| 2024 | +29.4% | |
| 2023 | +53.3% | |
| 2022 | −29.6% | |
| 2021 | +30.5% | |
| 2020 | +45.9% |
FTEC in the news
FTEC Dividends
- 0.37%
- $1.11
- $0.33 per share
- Quarterly
Distribution history
FTEC Risk
- 21.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.31
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.35
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FTEC Cost
0.08%
FTEC0.08%
- The middle half of Technology (Broad) funds
- Median 0.45%
No Technology (Broad) fund charges less.
Other funds in Technology (Broad)
- AXLKState Street Technology Select Sector SPDR ETFExpense ratio 0.08%1 year return +41.8%
- AVGTVanguard Information Technology ETFExpense ratio 0.09%1 year return +38.1%
- BRSPTInvesco S&P 500 Equal Weight Technology ETFExpense ratio 0.40%1 year return +55.5%
- BXNTKState Street SPDR NYSE Technology ETFExpense ratio 0.35%1 year return +41.6%
- BIYWiShares U.S. Technology ETFExpense ratio 0.37%1 year return +38.5%